Goldman Sachs Group set a GBX 450 ($6.06) target price on Glencore (LON:GLEN) in a report issued on Monday. The brokerage currently has a buy rating on the natural resources company’s stock.

Other research analysts also recently issued research reports about the company. set a GBX 390 ($5.25) price target on Glencore and gave the company a buy rating in a report on Thursday, August 31st. Jefferies Group increased their price target on Glencore from GBX 400 ($5.38) to GBX 450 ($6.06) and gave the company a buy rating in a report on Thursday, August 31st. UBS set a GBX 350 ($4.71) price target on Glencore and gave the company a buy rating in a report on Wednesday, August 30th. BNP Paribas set a GBX 440 ($5.92) price target on Glencore and gave the company a buy rating in a report on Wednesday, September 6th. Finally, Citigroup reissued a buy rating on shares of Glencore in a report on Wednesday, August 23rd. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the stock. Glencore has a consensus rating of Buy and an average price target of GBX 390.78 ($5.26).

Glencore (LON:GLEN) opened at GBX 357.65 ($4.81) on Monday. Glencore has a 1-year low of GBX 260.50 ($3.51) and a 1-year high of GBX 388.25 ($5.23).

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Glencore Company Profile

Glencore plc is an integrated producer and marketer of commodities, such as metals and minerals, energy products, agricultural products and Corporate and other. The Metals and minerals segment is engaged in copper, zinc/lead, nickel, ferroalloys, alumina/aluminum and iron ore production and marketing.

Analyst Recommendations for Glencore (LON:GLEN)

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